Europe Automated Fare Collection System Market Forecast 2023-2032

The Europe automated fare collection system market is set to progress with a CAGR of 10.19% over the projected period of 2023 to 2032. Key drivers expected to fuel the market growth of the region include funding initiatives by leading banks, such as the European Bank for Reconstruction and Development (EBRD), growing expenditure by European nations to enhance transport infrastructure, as well as the increasing demand for the provision of seamless travel experience to tourists.

MARKET INSIGHTS

The Europe automated fare collection system market growth evaluation constitutes the study of Poland, Germany, France, Spain, the United Kingdom, Italy, and Rest of Europe. An increasing number of regions in Spain utilize automated systems in order to process and collect payments for public transportation charges. In this regard, automated fare collection systems assist transportation planners, local governments, operators, and commuters, significantly. Although a national travel card is not available in the country, alternatively, travelers can use the multi-card - a ten-year-valid, contactless, reloadable public transportation card that can be combined with several ticket formats.

On the other hand, as per the International Union of Railways annual report, Spain also possessed one of the most heavily used rail networks in the year 2020, with 328 million passengers traveling over 11 billion kilometers on 15,847 kilometers of lines. Therefore, these factors are anticipated to proliferate the Europe automated fare collection system market growth during the forecast period.

COMPETITIVE INSIGHTS

Top players in the market include: NXP Semiconductors, Scheidt & Bachmann GmbH, Atos SE, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 31097

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. CONTACTLESS OPEN PAYMENT
- 2.5.2. EFFICIENT TRANSACTION PROCESS
- 2.5.3. CUSTOMIZED TRAVEL FARE OPTIONS
- 2.5.4. LOW MANPOWER COST

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SURGING NUMBER OF SMARTPHONES AND INTERNET SERVICES
- 3.1.2. LESSER PROBABILITY OF FRAUD AND COUNTERFEITING
- 3.1.3. ADVANCEMENTS IN TRANSPORTATION INFRASTRUCTURE
- 3.1.4. ADVANTAGES OF CONTACTLESS PAYMENT SYSTEM
3.2. KEY RESTRAINTS
- 3.2.1. PROJECT FUNDING CHALLENGES AND HIGH INITIAL INVESTMENTS

4. KEY ANALYTICS

4.1. KEY TECHNOLOGY TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. RESEARCH AND DEVELOPMENT (R&D)
- 4.6.2. RAW MATERIAL & SOFTWARE SOLUTION SUPPLIERS
- 4.6.3. ASSEMBLY UNIT
- 4.6.4. DISTRIBUTION

5. MARKET BY COMPONENT

5.1. HARDWARE
5.2. SOFTWARE
5.3. SERVICES

6. MARKET BY TECHNOLOGY

6.1. SMARTCARDS
6.2. OPTICAL CHARACTER RECOGNITION (OCR)
6.3. NEAR-FIELD COMMUNICATION (NFC)
6.4. OTHER TECHNOLOGIES

7. MARKET BY APPLICATION

7.1. TRANSPORT & LOGISTICS
7.2. PARKING
7.3. MEDIA & ENTERTAINMENT
7.4. OTHER APPLICATIONS

8. GEOGRAPHICAL ANALYSIS

8.1. EUROPE
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET GROWTH DRIVERS
- 8.1.3. EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET CHALLENGES
- 8.1.4. EUROPE - KEY GOVERNMENT INITIATIVES
- 8.1.5. EUROPE - KEY PLAYERS
- 8.1.6. COUNTRY ANALYSIS
  - 8.1.6.1. UNITED KINGDOM
  - 8.1.6.1.1. UNITED KINGDOM AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.2. GERMANY
  - 8.1.6.2.1. GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.3. FRANCE
  - 8.1.6.3.1. FRANCE AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.4. ITALY
  - 8.1.6.4.1. ITALY AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.5. SPAIN
  - 8.1.6.5.1. SPAIN AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.6. POLAND
  - 8.1.6.6.1. POLAND AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES
  - 8.1.6.7. REST OF EUROPE
  - 8.1.6.7.1. REST OF EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
9.2. COMPANY PROFILES
- 1.1.1. ATOS SE
  - 1.1.1.1. COMPANY OVERVIEW
  - 1.1.1.2. FINANCIAL ANALYSIS
  - 1.1.1.3. PRODUCTS / SERVICES LIST
  - 1.1.1.4. STRENGTHS & CHALLENGES
- 1.1.2. CUBIC TRANSPORTATION SYSTEMS INC
  - 1.1.2.1. COMPANY OVERVIEW
  - 1.1.2.2. FINANCIAL ANALYSIS
  - 1.1.2.3. PRODUCTS / SERVICES LIST
  - 1.1.2.4. STRENGTHS & CHALLENGES
- 1.1.3. DORMAKABA GROUP
  - 1.1.3.1. COMPANY OVERVIEW
  - 1.1.3.2. FINANCIAL ANALYSIS
  - 1.1.3.3. PRODUCTS / SERVICES LIST
  - 1.1.3.4. STRENGTHS & CHALLENGES
- 1.1.4. LECIP HOLDINGS CORPORATION
  - 1.1.4.1. COMPANY OVERVIEW
  - 1.1.4.2. FINANCIAL ANALYSIS
  - 1.1.4.3. PRODUCTS / SERVICES LIST
  - 1.1.4.4. STRENGTHS & CHALLENGES
- 1.1.5. LG CNS
  - 1.1.5.1. COMPANY OVERVIEW
  - 1.1.5.2. FINANCIAL ANALYSIS
  - 1.1.5.3. PRODUCTS / SERVICES LIST
  - 1.1.5.4. STRENGTHS & CHALLENGES
- 1.1.6. NXP SEMICONDUCTORS NV
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. FINANCIAL ANALYSIS
  - 9.2.1.3. PRODUCTS / SERVICES LIST
  - 9.2.1.4. STRENGTHS & CHALLENGES
- 1.1.7. OMRON CORPORATION
  - 1.1.7.1. COMPANY OVERVIEW
  - 1.1.7.2. FINANCIAL ANALYSIS
  - 1.1.7.3. PRODUCTS / SERVICES LIST
  - 1.1.7.4. STRENGTHS & CHALLENGES
- 1.1.8. SAMSUNG SDS
  - 1.1.8.1. COMPANY OVERVIEW
  - 1.1.8.2. FINANCIAL ANALYSIS
  - 1.1.8.3. PRODUCTS / SERVICES LIST
  - 1.1.8.4. STRENGTHS & CHALLENGES
- 1.1.9. SCHEIDT & BACHMANN GMBH
  - 1.1.9.1. COMPANY OVERVIEW
  - 1.1.9.2. FINANCIAL ANALYSIS
  - 1.1.9.3. PRODUCTS / SERVICES LIST
  - 1.1.9.4. STRENGTHS & CHALLENGES
- 1.1.10. THALES GROUP
  - 1.1.10.1. COMPANY OVERVIEW
  - 1.1.10.2. FINANCIAL ANALYSIS
  - 1.1.10.3. PRODUCTS / SERVICES LIST
  - 1.1.10.4. STRENGTHS & CHALLENGES

Product Code: 31097

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - AUTOMATED FARE COLLECTION SYSTEM
TABLE 2: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COMPONENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TECHNOLOGY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: EUROPE - KEY GOVERNMENT INITIATIVES
TABLE 11: LEADING PLAYERS OPERATING IN EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET
TABLE 12: LIST OF ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY TECHNOLOGY TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2022
FIGURE 7: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY HARDWARE, 2023-2032 (IN $ MILLION)
FIGURE 8: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SOFTWARE, 2023-2032 (IN $ MILLION)
FIGURE 9: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SERVICES, 2023-2032 (IN $ MILLION)
FIGURE 10: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2022
FIGURE 11: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY SMARTCARDS, 2023-2032 (IN $ MILLION)
FIGURE 12: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OPTICAL CHARACTER RECOGNITION (OCR), 2023-2032 (IN $ MILLION)
FIGURE 13: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY NEAR-FIELD COMMUNICATION (NFC), 2023-2032 (IN $ MILLION)
FIGURE 14: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OTHER TECHNOLOGIES, 2023-2032 (IN $ MILLION)
FIGURE 15: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 16: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY TRANSPORT & LOGISTICS, 2023-2032 (IN $ MILLION)
FIGURE 17: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY PARKING, 2023-2032 (IN $ MILLION)
FIGURE 18: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY MEDIA & ENTERTAINMENT, 2023-2032 (IN $ MILLION)
FIGURE 19: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 20: EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 21: UNITED KINGDOM AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 22: GERMANY AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 23: FRANCE AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: ITALY AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 25: SPAIN AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 26: POLAND AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 27: REST OF EUROPE AUTOMATED FARE COLLECTION SYSTEM MARKET, 2023-2032 (IN $ MILLION)
FIGURE 28: ATOS SE- REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 29: ATOS SE - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 30: ATOS SE - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 31: CUBIC TRANSPORTATION - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 32: CUBIC TRANSPORTATION - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 33: CUBIC TRANSPORTATION - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 34: DORMAKABA GROUP - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 35: DORMAKABA GROUP - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 36: DORMAKABA GROUP - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 37: LECIP HOLDINGS CORPORATION - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 38: LECIP HOLDINGS CORPORATION - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 39: LECIP HOLDINGS CORPORATION - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 40: LG CNS - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 41: LG CNS - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 42: LG CNS - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 43: NXP SEMICONDUCTORS NV - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 44: NXP SEMICONDUCTORS NV - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 45: NXP SEMICONDUCTORS NV - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 46: OMRON CORPORATION - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 47: OMRON CORPORATION - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 48: OMRON CORPORATION - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 49: SAMSUNG SDS - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 50: SAMSUNG SDS - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 51: SAMSUNG SDS - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 52: SCHEIDT & BACHMANN GMBH - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 53: SCHEIDT & BACHMANN GMBH - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 54: SCHEIDT & BACHMANN GMBH - REVENUE BY SEGMENT IN 2021 (IN %)
FIGURE 55: THALES GROUP - REVENUE 2017 -2021 (IN $ MILLION)
FIGURE 56: THALES GROUP - NET PROFIT 2017 - 2021 (IN $ MILLION)
FIGURE 57: THALES GROUP - REVENUE BY SEGMENT IN 2021 (IN %)